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home / news releases / DTO - Crude oil +2% as Saudi pledges to cut production by another 500K bbl/day


DTO - Crude oil +2% as Saudi pledges to cut production by another 500K bbl/day

  • Crude oil prices are rising, as OPEC says in its monthly report that the cartel's production fell by nearly 800K bbl/day in January to 30.8M bbl/day, and Saudi Arabia pledges to cut output by at least 500K bbl/day more than it originally planned; WTI +1.9% to $53.42/bbl, Brent +1.9% to $62.68/bbl.
  • More news on: Energy Select Sector SPDR ETF, The United States Oil ETF, LP, iPath S&P Crude Oil Total Return Index ETN, Energy stocks news, Commodities news, Stocks on the move, News on ETFs, Top stock market news,
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Stock Information

Company Name: Deutsche Bank AG London ZC SP ETN REDEEM 01/06/2038 USD 25 - 25154K809
Stock Symbol: DTO
Market: NYSE

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